Air Force One replacement program

Boeing posts bigger-than-expected Q2 loss as Air Force One costs rise by $280 million

wizbuddypointm@gmail.com5 hours ago04 mins

A Boeing 737 MAX aircraft. (AP Photo) Boeing reported a larger-than-expected second-quarter loss on Tuesday as higher costs linked to the delayed Air Force One replacement programme weighed on its results.The US planemaker, however, reported positive free cash flow and maintained its annual guidance as it works to stabilise operations and increase aircraft production. Air…

Boeing posts bigger-than-expected Q2 loss as Air Force One costs rise by $280 million

wizbuddypointm@gmail.com7 hours ago04 mins

A Boeing 737 MAX aircraft. (AP Photo) Boeing reported a larger-than-expected second-quarter loss on Tuesday as higher costs linked to the delayed Air Force One replacement programme weighed on its results.The US planemaker, however, reported positive free cash flow and maintained its annual guidance as it works to stabilise operations and increase aircraft production. Air…